• Extended points to 65.01
  • Gains were recorded across all indices
  • Hippo Valley Estates closed higher at $190.0000

Harare - After moving to the upside on Thursday’s session last week, Zimbabwe Stock Exchange extended its gains to Friday by adding 65.01 points to close at 6,658.25 points from the prior session’s 6,593.24 points owing to the continued demand of stocks on the market.

Gains were propelled across all indices with the penny stocks adding 506.74 points to 225,648.37 while the top ten index buoyed 22.12 points to 3,583.93 points.

Sugarcane producers, Hippo Valley Estates led the gainers by increasing $8.0000 to close at $190.0000 while hotelier Meikles Limited added $5.0840 to end at $95.0321.

Milk processor, which recently annulled its merger talks with Dendairy, Dairibord was firmer at $35.7176 after increasing $3.7479.

Meanwhile, Canteens and fast foods counter, Simbisa Brands buoyed $2.0729 to close the session at $40.1400 while diversified counter, Axia Limited advanced by $1.1176 to finish at $21.1195.

On the downside was a diversified conglomerate, Innscor Africa which tumbled $0.9061 to close at $100.0606 while TSL traded $0.8853 to end lower at $48.0000.

Telecoms giant, Econet Wireless fell by $0.2784 to $35.0164 while the distributor and retailer of new tyres in Zimbabwe, NTS dropped by a further $0.2452 to $8.7548.

Blue-chip technology outfit, Cassava Smartech, declined $0.0256 to settle at $19.1835.

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